EU, eurozone chems producer prices up slightly in Sept: Eurostat

LONDON (ICIS)--Chemicals producer prices in the EU rose by 0.1% month on month in September, European statistics provider Eurostat said on Tuesday.

Eurozone chemical producer prices were also up by the same amount during the period, Eurostat added.

Europe’s total industrial producer prices also rose slightly in September, rising by 0.1% in both the EU and the eurozone compared with the previous month.

“Among the member states for which data are available, the highest increases were recorded in Estonia (+1.0%), Lithuania and Austria (both +0.5%), Denmark and Sweden (both +0.4%), and the largest decreases in Cyprus (-0.9%), Belgium (-0.8%), Ireland (-0.6%) and Portugal (-0.5%),” the agency said.

Year on year, total industrial producer prices in September fell by 0.9% in the eurozone and by 0.5% in the EU.

“Among the member states for which data are available, the largest decreases in the total index were observed in Cyprus (-3.6%), Bulgaria (-3.5%), the Netherlands (-2.7%) and Lithuania (-2.3%), and the highest increases in Estonia (+10.8%), Denmark (+2.5%), Ireland (+2.1%) and the UK (+1.9%),” Eurostat said.

Year-on-year data for chemical producer prices in September was not available.